The retail real estate sector is navigating a complex landscape characterized by a scarcity of available space, evolving consumer behaviors, and ongoing shifts in tenant preferences. Despite challenges such as high interest rates, inflation concerns, and the enduring impact of the COVID-19 pandemic, the sector continues to show resilience and adaptability. This report explores key trends, challenges, and opportunities shaping the retail real estate market in Q3 2023 based on insights from JLL's U.S. Retail Outlook Q3 2023.